6Mon·

Hi everyone, this week I was looking to expand my dividend stocks and came across $PH (+0.75%) I came across. The last dividend cut was in 1997, since then it has been increased every year. The share price performance also looks very nice and the P/E ratio still acceptable. Do I not see the catch in the company right now?

I would be very pleased to hear your experience / opinion.

Best regards

9 Comments

Paketknecht@Paketknecht

6Mon

It is a cyclical stock like Caterpillar or Deere with corresponding drawdowns when the economy is bad, none of them have a very high P/E ratio. I have had the share in my savings plan for 3 years. I like Parker because it is a diversified industrial group with technologies for various sectors in its portfolio.

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Frank K.@Gazza

6Mon

@Paketknecht thank you, that helps me a lot

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Homer@Simpson

6Mon

I think you have the wrong information 🤔 according to aktienfinder, dividends have increased for 68 years 🤔

But I only have Parker in my savings plan myself 😊👍

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